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How does the RX 470 8GB perform in cryptocurrency mining?

avatarShilpashreeMM ShivakumarDec 28, 2021 · 3 years ago6 answers

I'm interested in knowing how well the RX 470 8GB graphics card performs in cryptocurrency mining. Can anyone provide insights on its mining capabilities and profitability? What are its hash rates for popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin? Is it a cost-effective option for mining enthusiasts?

How does the RX 470 8GB perform in cryptocurrency mining?

6 answers

  • avatarDec 28, 2021 · 3 years ago
    The RX 470 8GB is a popular choice among cryptocurrency miners due to its decent mining performance. It offers competitive hash rates for various cryptocurrencies, making it a viable option for mining enthusiasts. For example, its hash rate for Bitcoin is around 12-14 TH/s, while for Ethereum, it can achieve approximately 25-30 MH/s. These hash rates may vary depending on factors such as mining software, overclocking, and power consumption. Overall, the RX 470 8GB provides a good balance between performance and cost, making it a cost-effective choice for cryptocurrency mining.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to cryptocurrency mining, the RX 470 8GB is a solid performer. Its hash rates for popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin are quite impressive. For Bitcoin, it can achieve around 12-14 TH/s, while for Ethereum, it can reach approximately 25-30 MH/s. As for Litecoin, it can hash at a rate of about 400-450 KH/s. These hash rates make the RX 470 8GB a reliable option for mining enthusiasts who want to maximize their mining profits. However, it's important to consider factors like electricity costs and the current market conditions before diving into mining.
  • avatarDec 28, 2021 · 3 years ago
    The RX 470 8GB is known for its solid performance in cryptocurrency mining. With hash rates of around 12-14 TH/s for Bitcoin and 25-30 MH/s for Ethereum, it can generate a decent amount of mining rewards. However, it's worth noting that mining profitability depends on various factors, including electricity costs, mining difficulty, and the price of the mined cryptocurrency. Therefore, it's essential to calculate the potential profitability based on your specific circumstances before investing in mining hardware. If you're looking for a reliable graphics card for mining, the RX 470 8GB is definitely worth considering.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the field of cryptocurrency mining, I can confidently say that the RX 470 8GB is a reliable option for miners. It offers competitive hash rates for popular cryptocurrencies like Bitcoin and Ethereum, making it a profitable choice. With hash rates of around 12-14 TH/s for Bitcoin and 25-30 MH/s for Ethereum, the RX 470 8GB can generate a decent amount of mining rewards. However, it's important to consider factors like electricity costs and the current market conditions to determine the profitability of mining. Overall, the RX 470 8GB is a cost-effective option for mining enthusiasts.
  • avatarDec 28, 2021 · 3 years ago
    The RX 470 8GB is a popular graphics card among cryptocurrency miners, thanks to its impressive mining performance. It can achieve hash rates of around 12-14 TH/s for Bitcoin and 25-30 MH/s for Ethereum, making it a reliable choice for mining enthusiasts. These hash rates may vary depending on factors like mining software optimization and hardware configuration. However, it's important to note that mining profitability is influenced by various factors, including electricity costs and the price of the mined cryptocurrency. Therefore, it's crucial to conduct thorough research and calculations before investing in mining hardware.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we've seen many miners achieve great results with the RX 470 8GB in cryptocurrency mining. With hash rates of around 12-14 TH/s for Bitcoin and 25-30 MH/s for Ethereum, it's a solid performer. The RX 470 8GB offers a good balance between performance and cost, making it an attractive option for mining enthusiasts. However, keep in mind that mining profitability depends on several factors, such as electricity costs and the current market conditions. It's always recommended to do your own research and consider your specific circumstances before making any mining hardware purchases.